Research Report Detail

Brokerage Analyst

Report Date

Call

Price@Call

Target Price Stop Loss

Current Status

Time Horizon

UBSN/A

14-01-2014

Buy

540.75

650.00N/A

Target Hit

Long (1Y)14-01-2015

UBS maintains buy on MCX

MCX has further re-rating potential. MCX trades at discount to global peers. Average daily value traded is key data to watch. Selling stake to strategic investor will be at premium valuation. Target Rs 650.